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NEW LEIPZIG, ND 58562

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The NEW LEIPZIG, ND real estate market (58562) currently shows 1 active listings. Homes are averaging 299 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 299 days on market compared to 127 days last year.

The median listing price has fallen 73.2% year-over-year, from $410,450 to $110,000.

Whether you are buying or selling in NEW LEIPZIG, ND, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 301  ·  Density: 0.4/mi²  ·  Median household income: $63,438

Typical home value: $0  ·  Homeownership: 94.1%

Market Overview

Active Listings
1
⇩ 66.7% vs 3 last year
Pending
0
0% pending ratio
Median Price
$110,000
⇩ 73.2% vs $410,450 last year
Average Price
$110,000
⇩ 73.2% vs $410,450 last year
Days on Market
299
⇧ 135.4% vs 127 days last year

Price Per Square Foot

Median $/sqft
$47
⇩ 76.1% vs $197/sqft last year
Median Home Size
2,760 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 3 last year
  • Days on market: 299 now vs 127 last year

Median & Average Pricing

Year over Year
  • Median: $110,000 (-73.2% YoY)
  • Average: $110,000 (-73.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 67.5 miles — 178 listings ($63,903,872 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
58562New Leipzig, ND 585620.0 mi1$110,000$110,000$110,000
58646Mott, ND 5864613.4 mi3$2,863,374$723,675$954,458
58650Regent, ND 5865028.0 mi3$645,000$215,000$215,000
57638Lemmon, SD 5763835.5 mi16$2,564,688$148,000$160,293
58639Hettinger, ND 5863937.5 mi10$1,808,000$161,000$180,800
58638Hebron, ND 5863838.6 mi3$319,074$95,675$106,358
58649Reeder, ND 5864945.7 mi2$158,000$79,000$79,000
58563New Salem, ND 5856346.1 mi4$843,000$170,425$210,750
58601Dickinson, ND 5860153.9 mi132$53,812,836$374,975$407,673
58653Scranton, ND 5865356.7 mi2$215,000$107,500$107,500
58580Zap, ND 5858062.5 mi0$0$59,000$59,000
58625Dodge, ND 5862564.0 mi1$165,000$165,000$165,000
58541Golden Valley, ND 5854167.5 mi1$399,900$399,900$399,900

Frequently Asked Questions

How many homes are for sale in NEW LEIPZIG, ND 58562?

As of March 2026, there are 1 active listings in NEW LEIPZIG, ND (zip code 58562), compared to 3 the prior year.

What is the median home price in NEW LEIPZIG, ND 58562?

The median listing price in NEW LEIPZIG, ND 58562 is $110,000 as of March 2026, a 73.2% decrease from $410,450 the prior year.

How long do homes stay on the market in NEW LEIPZIG, ND?

Homes in NEW LEIPZIG, ND 58562 spend an average of 299 days on the market before going under contract, compared to 127 days the prior year.

Is it a seller's or buyer's market in NEW LEIPZIG, ND 58562?

Based on current inventory and days-on-market data as of March 2026, NEW LEIPZIG, ND 58562 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 299 days on market compared to 127 days last year.

How much can I save on real estate commission in NEW LEIPZIG, ND?

With SELL123.com's maximum 3% commission, sellers in NEW LEIPZIG, ND 58562 save an estimated $2,200 compared to a typical 5% commission on the median listing price of $110,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.